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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,331 | $110,337-81.6% | $102,383-80.1% | $145,877-86.1% |
| Participation rate | 21.7% | 77.9%-56.2pp | 74.5%-52.8pp | 80.3%-58.6pp |
| Annual return | 9.92% | 24.83%-14.9pp | 24.94%-15.0pp | 551.28%-541.4pp |
| Employer contribution / active EE | $0 | $4,216-100.0% | $3,870-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $1,069 | $5,621-81.0% | $5,060-78.9% | $6,691-84.0% |
| Admin fee / account holder | $54 | $9,750-99.4% | $8,391-99.4% | $13,402-99.6% |